Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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‘Michael’ Earns Biggest Box-Office Opening Ever For Biopic
Michael, the anticipated biopic film about Michael Jackson starring Jaafar Jackson, has delivered a record-setting global debut, earning $217 million in its opening weekend. The figure marks the largest launch ever for a biographical film, signaling a shift in how audiences engage with music-driven storytelling. The film centers on the life and legacy of Michael Jackson, whose cultural influence continues to resonate across generations. That global recognition translated into immediate box offi
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Chris Brown Reveals Birth of New Child With Jada Wallace
Chris Brown has confirmed the birth of his newest child with model and social media influencer Jada Wallace. The announcement came via social media after Wallace posted a series of photos to her Instagram account showcasing the newborn. Although Wallace did not explicitly tag the “Under the Influence” singer in her post, Brown made his paternity clear in the comments section. “Purest love,” Wallace wrote in the caption of her post, accompanied by a yellow heart emoji. Brown quickly responded
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Gauff beats Cirstea in Madrid despite stomach bug
Coco Gauff became the latest victim of the stomach virus that has been sweeping through the draw at the Madrid Open, but the ailing American still found a way to beat Sorana Cirstea 4-6, 7-5, 6-1 on Sunday and reach the round of 16. Several players have been struggling with illness in the Spanish capital this week, including Iga Swiatek, who was forced to retire from her match against Ann Li on Saturday, and Marin Cilic, who had to withdraw ahead of his second-round meeting with Joao Fonseca on
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Tim Cook steps down as Apple CEO, replaced by John Ternus
Tim Cook, the executive who steered Apple into a $4 trillion powerhouse and shaped its identity in the post-Steve Jobs era, is stepping down as CEO, the company announced Monday. John Ternus, Apple’s senior vice president of hardware engineering, will assume the role of CEO effective September 1. Cook will transition to executive chairman of the board and remain CEO through the summer to ensure a smooth handover. “It has been the greatest privilege of my life to be the CEO of Apple and to have
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